BMW Seeks Lower Tariffs for China-Made Electric MINI Imports to Europe

BMW has requested the European Union to re-evaluate and lower the tariffs imposed on its China-made electric Mini vehicles imported to Europe, according to Reuters, but not confirmed by BMW Group. BMW's electric MINI, having only recently started production in China, was not included in the initial sample analysis, which automatically subjected it to the highest tariff rate. BMW allegedly expects that a formal process to appeal for lower duties will be available in the fall, once the final tariff measures are set. BMW has been quite vocal about maintaining a good relationship with China. BMW CEO sees the relations between BMW and China a win-win. BMW set a global sales record in 2023 when China was by far its largest individual market. BMW is making a strategic move regarding the new J01 MINI Cooper Electric.